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James Fillmore Crawford Faces TIC Complaint

The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Virginia-based Concorde broker/adviser James Fillmore Crawford (CRD# 1327638).

James Fillmore Crawford has spent 27 years in the securities industry and has been registered with Concorde Investment Services in Harrisonburg, Virginia since January 2015. Previous registrations include Independent Financial Group in Harrisonburg, Virginia (2012-2014); Centaurus Financial in Harrisonburg, Virginia (2012); Pacific West Securities in Harrisonburg, Virginia (2005-2011); Linsco/Private Ledger Corporation in Boston, Massachusetts (1999-2006); and MML Investors Services in Springfield, Massachusetts (1988-1999). He is a registered broker and investment adviser in Maryland, South Carolina, Virginia, and West Virginia.

shutterstock_123948847According to his BrokerCheck report, James Fillmore Crawford is the subject of one customer complaint, one pending customer complaint, and one regulatory sanction.

In July 2015 James Fillmore Crawford filed for Chapter 7 bankruptcy in the United States Bankruptcy Court in the Western District of Virginia. The action remains pending.

In 2014 a customer alleged James Fillmore Crawford, while employed at Crawford Financial Services, breached contract, made unsuitable investment recommendations and fraudulent misrepresentations, and violated federal securities law and Virginia blue sky laws. The complaint settled in 2015 for $280,000.

In 2014 a customer alleged James Fillmore Crawford, while employed at Pacific West Securities, acted negligently, breached his fiduciary duty, and made material misrepresentations in connection with tenant-in-common (TIC) investments. The customer is seeking $2,500,000 in damages in the pending complaint.

In 2013 the Virginia State Corporation Commission filed a complaint against James Fillmore Crawford following allegations he “made material misrepresentations and untrue statements of fact.” The action remains pending.

In 2012 the Virginia State Corporation Commission sanctioned James Fillmore Crawford, while he was employed at Pacific West Securities, following allegations he misrepresented material facts by “improperly” marketing securities designated as high-risk as “lower to moderate” risk securities, in violation of Virginia law. Mr. Crawford was issued more than $30,000 in penalties and a one-year suspension from offering sales of alternative investments or making commissions from such.

If you have suffered losses while investing with James Fillmore Crawford, you may be entitled to a recovery. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.